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Oil rig news

Exploration drilling result: Well 35/10-12 S

Wellesley Petroleum has announced of the drilling results of Appraisal well 35/10-12 S operated by Wellesley. Drilling took place in licence PL1184 S with the COSL Promotor rig.


Devon Energy announces strategic acquisition in the Williston Basin

Devon Energy has announced it has entered into a definitive purchase agreement to acquire the Williston Basin business of Grayson Mill Energy in a transaction valued at US$5 billion, consisting of US$3.25 billion of cash and US$1.75 billion of stock to the sellers.


Technip Energies and KPSP sign a long-term services agreement with KPO

Technip Energies, through its joint-venture TKJV LLP with KPSP, has announced the signing of a long-term services frame agreement with Karachaganak Petroleum Operating B.V. (KPO) for the development of the Karachaganak Field, located in northwest Kazakhstan near Aksai.